As Uganda continually increases in its wealth base through the influence of a number of rich personalities, Forbes Magazine has released a list of richest people and surprisingly most of them are of Indian descent.
Through the influence of his massive net worth which hovers around $1.2 billion, Sudhir Ruparelia has emerged into great fame as the wealthiest person in Uganda and in the entirety of East Africa.
Moreover, Sudhir Ruparelia is regarded as a renowned and fortunate tycoon who rose from a mere business enterprise which he set up with a meagre sum of $25,000.
As he remains the richest Ugandan, he is largely associated with investment dealings in sectors including real estate, broadcasting, education, insurance, and banking.
Regarded as the main force behind the presence of Dembe Group of Companies, Karim Hijri has attained an impressive feat as Uganda's second wealthiest person. As the Dembe Group of Companies continually thrives through its subsidiaries such as Dembe FM and Imperial Group of Hotels, Karim Hijri is declared to be worth $750 million.